Fictions of fictitious capital
American Psychoand the poetics of deregulation
Bibliographic Data
| ID | 5726232 |
|---|---|
| Authors | Richard Godden (University of California, Irvine, corresponding author) |
| Year | 2011 |
| Volume | 25 |
| Issue | 5 |
| Pages | 853-866 |
| Publication date | 2011-10-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Textual Practice (JOURNAL) |
| Journal identifiers | ISSN: 0950-236X • E-ISSN: 1470-1308 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/0950236x.2011.594316 |
| OpenAlex | W2092577985 |
| Language | EN |
| Citations received | 6 |
Patrick Bateman (American Psycho, 1991 [set 1989]) lives on the dash between the M's (M-M1-M2), as represented by Marx's formula for finance (or ‘fictitious’) capital. M differs from M1 (and so on) insofar as the increase represents money made from money (or from financial instruments) rather than from production (or M-C-M1, where ‘C’ may be understood either as Commodity [produced, distributed, consumed] or as Capital [accumulated prior to investment in manufacture]). This essay takes the financier Bateman's preferred activities, brand display, torture, and the serial liquification of ‘hardbodies’, as quasi-allegorical representations of the working of finance capital during the Reagan presidency. In the thin phenomenology of Bateman's experience, an anxious experience of pain-making, fetishism, and disavowal, traces of a means whereby fictitious capital might be critiqued may be discerned
Aesthetics · Capital accumulation · Concreteness · Economics · Fetishism · Financial capital · Keynesian economics · Neoclassical economics · Psychoanalysis · Sociology · Theology · History · Housing, Finance, and Neoliberalism · Philosophy · Psychoanalysis, Philosophy, and Politics · Psychology
| Citations per year | 0.5 |
|---|---|
| Citation span | 2014 - 2024 (11) |
| Highly cited | No |